United Arab Emirates (UAE) low-cost carrier Air Arabia is to set up an operation in Jordan after agreeing terms to acquire a 49 per cent stake in local carrier Petra Airline. The agreement will see the carrier relaunched as Air Arabia Jordan before the end of the first quarter of this year and will see Amman’s Queen Alia International Airport established as a fifth hub for the expanding low-cost business.
Etihad Airways' MoU with Philippine Airlines is an important milestone in the long-standing relationship between the two flag carriers as well as ties between Abu Dhabi and the Philippines. More than 700,000 Filipinos live in the UAE and account for much of the traffic on the Abu Dhabi - Manila route each year, one of the busiest routes in the entire Etihad network.